Tax Return Preparation
Unearth Your Maximum Return
Gold Standard in Tax Return Preparation
At DJ Grigg Financial, tax time doesn’t have to be stressful. With the right preparation, you’ll avoid last-minute surprises, uncover every deduction you’re entitled to, and lodge your return with confidence.
Turn Tax Time into Clarity and Confidence
Ready to lodge your tax return with confidence?
Click the ‘Register for Your Tax Return’ button to register now and let our team handle the rest.
Not ready to register? Need help to prepare? Keep reading for practical tips and guidance to help you prepare before registering to have your return prepared by us.
Why Preparation Matters
Think of preparation as the groundwork—here are three reasons it uncovers real value at tax time:
Avoid Tax Time Shock
No surprises when it comes to what you owe.
Maximise Your Deductions
Claim everything you’re entitled to, with nothing overlooked.
Save Time & Hassle
Having your documents ready makes the process smoother and faster.
Avoid Tax Time Shock
No surprises when it comes to what you owe.
Maximise Your Deductions
Claim everything you’re entitled to, with nothing overlooked.
Save Time & Hassle
Having your documents ready makes the process smoother and faster.
Panning for Every Deduction
To help us prepare your return smoothly, gather these essentials before you begin:
Declarable Income
Income can come from various sources. For a list of what income must be declared and what amounts do not need to be declared on your individual tax return, visit the ATO website at: ATO – Income You Must Declare
Information on income and deductions for businesses can be found here: ATO – Business Income and Deductions
Deduction Receipts
You do not need to provide all your physical receipts for your return. As long as they are in a filing system at home that you can produce if required, you do not have to submit the receipts for your tax return preparation.
As part of your deductions you will need to provide your accountant (if applicable):
- A summary of the percentage your phone was used for work purposes
- A total cost for further education you completed related to your job role. (Only out-of-pocket cost, not including any courses paid for by your company)
- A summary of kilometers traveled for work (not including travelling from home to your workplace and return)
- A summary of donations.
- The number of overtime shift allowances paid.
- A final payslip in case of allowances and other deductions.
- If working from home, provide records of hours worked and expenses.
Do you want an idea of what can and cannot be included in your deductions? Visit: ATO – Deductions You Can Claim
Information for Income and deductions for businesses can be found here: ATO – Business Income and Deductions
Private Health Insurance Statement
Private Health Insurance providers send out their statements at different times throughout July and sometimes even into the following months. If you have cover, we cannot complete your return without your PHI statement. This means if you book in early to get it done, you will still have a wait for your refund.
Rental Schedule
In a case where there is a rental property to be declared on a tax return, you will need to provide the agents’ summary, rates notices, insurance premiums, mortgage interest paid, and repair costs summary.
Calculated Bank Interest
Bank interest is often not calculated by the banks until late, because of this, tax returns often need to be amended as it is one of the first things the ATO check. Therefore, please wait until your calculated bank interest is available before registering to have your tax returned prepared.
Streamline Tax Time with Our Checklist
To streamline your tax return preparation with DJ Grigg Financial and ensure a smooth and efficient process, we recommend downloading our comprehensive Individual Tax Return Checklist. This checklist will guide you through the necessary documentation, helping you organise your records and ensuring that you have everything in order.
Click the ‘Download Checklist’ button now to make the most of your tax return preparation process.
Mining for More Insights
Explore these resources for deeper guidance and practical tips:
